GRANITE CONSTRUCTION INC (GVA) Fundamental Analysis & Valuation

NYSE:GVA • US3873281071

Current stock price

122.17 USD
-2.61 (-2.09%)
Last:

This GVA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. GVA Profitability Analysis

1.1 Basic Checks

  • GVA had positive earnings in the past year.
  • GVA had a positive operating cash flow in the past year.
  • Each year in the past 5 years GVA has been profitable.
  • In the past 5 years GVA always reported a positive cash flow from operatings.
GVA Yearly Net Income VS EBIT VS OCF VS FCFGVA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.79%, GVA is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 16.37%, GVA is in the better half of the industry, outperforming 70.91% of the companies in the same industry.
  • GVA has a Return On Invested Capital of 8.03%. This is comparable to the rest of the industry: GVA outperforms 60.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for GVA is significantly below the industry average of 14.27%.
  • The last Return On Invested Capital (8.03%) for GVA is above the 3 year average (5.87%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.79%
ROE 16.37%
ROIC 8.03%
ROA(3y)3.5%
ROA(5y)2.95%
ROE(3y)11.09%
ROE(5y)8.61%
ROIC(3y)5.87%
ROIC(5y)N/A
GVA Yearly ROA, ROE, ROICGVA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10

1.3 Margins

  • The Profit Margin of GVA (4.36%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of GVA has grown nicely.
  • With a Operating Margin value of 6.26%, GVA perfoms like the industry average, outperforming 49.09% of the companies in the same industry.
  • In the last couple of years the Operating Margin of GVA has grown nicely.
  • With a Gross Margin value of 16.07%, GVA perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
  • In the last couple of years the Gross Margin of GVA has grown nicely.
Industry RankSector Rank
OM 6.26%
PM (TTM) 4.36%
GM 16.07%
OM growth 3Y42.01%
OM growth 5YN/A
PM growth 3Y20.02%
PM growth 5YN/A
GM growth 3Y12.83%
GM growth 5Y10.68%
GVA Yearly Profit, Operating, Gross MarginsGVA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

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4

2. GVA Health Analysis

2.1 Basic Checks

  • GVA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for GVA remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, GVA has less shares outstanding
  • GVA has a worse debt/assets ratio than last year.
GVA Yearly Shares OutstandingGVA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
GVA Yearly Total Debt VS Total AssetsGVA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 2.83 indicates that GVA is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.83, GVA is in line with its industry, outperforming 43.64% of the companies in the same industry.
  • GVA has a debt to FCF ratio of 4.05. This is a neutral value as GVA would need 4.05 years to pay back of all of its debts.
  • GVA has a Debt to FCF ratio of 4.05. This is in the better half of the industry: GVA outperforms 69.09% of its industry peers.
  • GVA has a Debt/Equity ratio of 0.82. This is a neutral value indicating GVA is somewhat dependend on debt financing.
  • The Debt to Equity ratio of GVA (0.82) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 4.05
Altman-Z 2.83
ROIC/WACC0.8
WACC10.06%
GVA Yearly LT Debt VS Equity VS FCFGVA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 1.22 indicates that GVA should not have too much problems paying its short term obligations.
  • GVA's Current ratio of 1.22 is in line compared to the rest of the industry. GVA outperforms 43.64% of its industry peers.
  • A Quick Ratio of 1.13 indicates that GVA should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.13, GVA is doing worse than 61.82% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.22
Quick Ratio 1.13
GVA Yearly Current Assets VS Current LiabilitesGVA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

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5

3. GVA Growth Analysis

3.1 Past

  • GVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 49.50%, which is quite impressive.
  • GVA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.13% yearly.
  • The Revenue has grown by 10.40% in the past year. This is quite good.
  • The Revenue has been growing slightly by 4.43% on average over the past years.
EPS 1Y (TTM)49.5%
EPS 3Y43.13%
EPS 5YN/A
EPS Q2Q%13.82%
Revenue 1Y (TTM)10.4%
Revenue growth 3Y10.25%
Revenue growth 5Y4.43%
Sales Q2Q%19.24%

3.2 Future

  • GVA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.36% yearly.
  • GVA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.15% yearly.
EPS Next Y1.56%
EPS Next 2Y8.5%
EPS Next 3Y7.36%
EPS Next 5YN/A
Revenue Next Year12.35%
Revenue Next 2Y9.61%
Revenue Next 3Y7.15%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
GVA Yearly Revenue VS EstimatesGVA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
GVA Yearly EPS VS EstimatesGVA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 -2 4 6

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5

4. GVA Valuation Analysis

4.1 Price/Earnings Ratio

  • GVA is valuated rather expensively with a Price/Earnings ratio of 20.23.
  • GVA's Price/Earnings ratio is rather cheap when compared to the industry. GVA is cheaper than 85.45% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.91, GVA is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 19.92, the valuation of GVA can be described as rather expensive.
  • Based on the Price/Forward Earnings ratio, GVA is valued cheaply inside the industry as 83.64% of the companies are valued more expensively.
  • GVA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.99.
Industry RankSector Rank
PE 20.23
Fwd PE 19.92
GVA Price Earnings VS Forward Price EarningsGVA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GVA is valued a bit cheaper than the industry average as 78.18% of the companies are valued more expensively.
  • 87.27% of the companies in the same industry are more expensive than GVA, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 16.07
EV/EBITDA 13.26
GVA Per share dataGVA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • GVA has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)12.99
PEG (5Y)N/A
EPS Next 2Y8.5%
EPS Next 3Y7.36%

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6

5. GVA Dividend Analysis

5.1 Amount

  • GVA has a yearly dividend return of 0.42%, which is pretty low.
  • GVA's Dividend Yield is rather good when compared to the industry average which is at 0.14. GVA pays more dividend than 90.91% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, GVA's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.42%

5.2 History

  • The dividend of GVA has a limited annual growth rate of 0.12%.
  • GVA has paid a dividend for at least 10 years, which is a reliable track record.
  • GVA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.12%
Div Incr Years0
Div Non Decr Years34
GVA Yearly Dividends per shareGVA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • GVA pays out 11.77% of its income as dividend. This is a sustainable payout ratio.
  • GVA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.77%
EPS Next 2Y8.5%
EPS Next 3Y7.36%
GVA Yearly Income VS Free CF VS DividendGVA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M
GVA Dividend Payout.GVA Dividend Payout, showing the Payout Ratio.GVA Dividend Payout.PayoutRetained Earnings

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GVA Fundamentals: All Metrics, Ratios and Statistics

GRANITE CONSTRUCTION INC

NYSE:GVA (4/29/2026, 1:10:29 PM)

122.17

-2.61 (-2.09%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Industry Strength91.3
Industry Growth93.17
Earnings (Last)02-12
Earnings (Next)04-30
Inst Owners121.65%
Inst Owner Change-0.45%
Ins Owners1.12%
Ins Owner Change0.15%
Market Cap5.31B
Revenue(TTM)4.42B
Net Income(TTM)193.00M
Analysts80
Price Target156.32 (27.95%)
Short Float %9.15%
Short Ratio6.59
Dividend
Industry RankSector Rank
Dividend Yield 0.42%
Yearly Dividend0.52
Dividend Growth(5Y)0.12%
DP11.77%
Div Incr Years0
Div Non Decr Years34
Ex-Date03-31
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.82%
Min EPS beat(2)0.85%
Max EPS beat(2)6.79%
EPS beat(4)4
Avg EPS beat(4)30.67%
Min EPS beat(4)0.85%
Max EPS beat(4)102.29%
EPS beat(8)5
Avg EPS beat(8)13.72%
EPS beat(12)7
Avg EPS beat(12)-133.66%
EPS beat(16)9
Avg EPS beat(16)-101.81%
Revenue beat(2)1
Avg Revenue beat(2)-1.88%
Min Revenue beat(2)-4.31%
Max Revenue beat(2)0.55%
Revenue beat(4)1
Avg Revenue beat(4)-2.3%
Min Revenue beat(4)-4.31%
Max Revenue beat(4)0.55%
Revenue beat(8)3
Avg Revenue beat(8)-0.39%
Revenue beat(12)5
Avg Revenue beat(12)-0.79%
Revenue beat(16)9
Avg Revenue beat(16)1.31%
PT rev (1m)-0.23%
PT rev (3m)15.92%
EPS NQ rev (1m)-29.77%
EPS NQ rev (3m)-43.34%
EPS NY rev (1m)-1.13%
EPS NY rev (3m)-2.07%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-1.32%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)1.58%
Valuation
Industry RankSector Rank
PE 20.23
Fwd PE 19.92
P/S 1.2
P/FCF 16.07
P/OCF 11.33
P/B 4.51
P/tB 8.88
EV/EBITDA 13.26
EPS(TTM)6.04
EY4.94%
EPS(NY)6.13
Fwd EY5.02%
FCF(TTM)7.6
FCFY6.22%
OCF(TTM)10.78
OCFY8.82%
SpS101.71
BVpS27.1
TBVpS13.76
PEG (NY)12.99
PEG (5Y)N/A
Graham Number60.6919 (-50.32%)
Profitability
Industry RankSector Rank
ROA 4.79%
ROE 16.37%
ROCE 10.86%
ROIC 8.03%
ROICexc 11.29%
ROICexgc 16.6%
OM 6.26%
PM (TTM) 4.36%
GM 16.07%
FCFM 7.47%
ROA(3y)3.5%
ROA(5y)2.95%
ROE(3y)11.09%
ROE(5y)8.61%
ROIC(3y)5.87%
ROIC(5y)N/A
ROICexc(3y)8.76%
ROICexc(5y)N/A
ROICexgc(3y)12.31%
ROICexgc(5y)N/A
ROCE(3y)7.94%
ROCE(5y)N/A
ROICexgc growth 3Y34.36%
ROICexgc growth 5YN/A
ROICexc growth 3Y21.77%
ROICexc growth 5YN/A
OM growth 3Y42.01%
OM growth 5YN/A
PM growth 3Y20.02%
PM growth 5YN/A
GM growth 3Y12.83%
GM growth 5Y10.68%
F-Score7
Asset Turnover1.1
Health
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 4.05
Debt/EBITDA 2.19
Cap/Depr 85.12%
Cap/Sales 3.13%
Interest Coverage 7.67
Cash Conversion 106.75%
Profit Quality 171.32%
Current Ratio 1.22
Quick Ratio 1.13
Altman-Z 2.83
F-Score7
WACC10.06%
ROIC/WACC0.8
Cap/Depr(3y)115.08%
Cap/Depr(5y)115.87%
Cap/Sales(3y)3.51%
Cap/Sales(5y)3.38%
Profit Quality(3y)174.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)49.5%
EPS 3Y43.13%
EPS 5YN/A
EPS Q2Q%13.82%
EPS Next Y1.56%
EPS Next 2Y8.5%
EPS Next 3Y7.36%
EPS Next 5YN/A
Revenue 1Y (TTM)10.4%
Revenue growth 3Y10.25%
Revenue growth 5Y4.43%
Sales Q2Q%19.24%
Revenue Next Year12.35%
Revenue Next 2Y9.61%
Revenue Next 3Y7.15%
Revenue Next 5YN/A
EBIT growth 1Y39.4%
EBIT growth 3Y56.57%
EBIT growth 5YN/A
EBIT Next Year98.94%
EBIT Next 3Y30.05%
EBIT Next 5YN/A
FCF growth 1Y3.35%
FCF growth 3YN/A
FCF growth 5Y13.54%
OCF growth 1Y2.76%
OCF growth 3Y103.55%
OCF growth 5Y11.8%

GRANITE CONSTRUCTION INC / GVA Fundamental Analysis FAQ

What is the fundamental rating for GVA stock?

ChartMill assigns a fundamental rating of 5 / 10 to GVA.


Can you provide the valuation status for GRANITE CONSTRUCTION INC?

ChartMill assigns a valuation rating of 5 / 10 to GRANITE CONSTRUCTION INC (GVA). This can be considered as Fairly Valued.


What is the profitability of GVA stock?

GRANITE CONSTRUCTION INC (GVA) has a profitability rating of 6 / 10.


What is the financial health of GRANITE CONSTRUCTION INC (GVA) stock?

The financial health rating of GRANITE CONSTRUCTION INC (GVA) is 4 / 10.


Is the dividend of GRANITE CONSTRUCTION INC sustainable?

The dividend rating of GRANITE CONSTRUCTION INC (GVA) is 6 / 10 and the dividend payout ratio is 11.77%.